Acadia Q1 EPS $0.02, $268.1M Revenue Miss, $1.22B–$1.28B Outlook
Acadia posted Q1 net income of $3.6 million (2 cents EPS) on revenue of $268.1 million, missing analyst forecasts of 4 cents and $282.2 million. The company maintained full-year revenue guidance of $1.22–$1.28 billion as shares slip 19% YTD after a 49% one-year gain.
1. Q1 Net Income and EPS
Acadia recorded net income of $3.6 million for the first quarter, equating to earnings of $0.02 per share compared with consensus expectations of $0.04.
2. Revenue Performance
Total revenue reached $268.1 million, underperforming the $282.2 million analysts projected and highlighting challenges in core product sales.
3. Full-Year Revenue Outlook
Management reaffirmed full-year revenue guidance between $1.22 billion and $1.28 billion, signaling confidence in its product pipeline despite the quarterly shortfall.
4. Share Price Trajectory
Shares have declined 19% year-to-date but remain up 49% over the past twelve months, reflecting mixed market sentiment following the earnings miss.